secwatch.observer — SEC 8-K summary
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Issuer:     ARROW FINANCIAL CORP (AROW)
CIK:        0000717538
Form:       8-K
Filed at:   2023-01-30T23:59:59+00:00
Accession:  0000717538-23-000041
Event type: earnings
Sentiment:  neutral
Materiality: 0.60
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Arrow Financial FY2022 net income $48.8M, EPS $2.95; Q4 EPS up 17.7% to $0.73
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- Net income $48.8M (diluted EPS $2.95) for FY2022, down 2.1% from $49.9M ($3.01) in FY2021.
- Q4 net income $12.1M ($0.73/share), up 17.2% YoY from $10.3M ($0.62).
- Record loan growth of $315M (11.8% YoY); total loans $2.98B at Dec 31, 2022.
- Net interest margin improved to 3.03% (FY2022) from 2.97% (FY2021); provision for credit losses $4.8M vs $272K.
- Deposits declined $52.1M to $3.50B; nonperforming assets 0.32% of period-end assets.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/717538/000071753823000041/0000717538-23-000041-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/717538/000071753823000041/arow-20230130.htm
  HTML page:      https://secwatch.observer/filing/0000717538-23-000041

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